P543 Teletext 543 Dec42 03:17:07 ————————————————————————————————— ANNUITY WORRIES Dear Teletext, I am 64 and just about to buy mz annuity. I have read a lot about the low annuity rates. What should I do? Yours, D E, Canterbury. ——————————————————————————————————1/7—— A query for our advice clinic? > WHAT ARE MY RIGHTS OF INHERITANCE? THE ANSWER IS ON p215 Property Mortgages Savings CityP543 Teletext 543 Dec42 03:17:27 ————————————————————————————————— ANNUITY WORRIES Many people are unhappy about the fact that gilts no longer yield what they did in the bad old days of inflation. Annuity rates are linked to gilts and so there is alarm in the industry about the elderly having to live on annuities which will yield less. But our viewer need not become unduly concerned. It helps to put things in pjrspjctivj and apply a little analysis to the situation. ——————————————————————————————————2/7—— A query for our advice clinic? > MILLENNIUM MESSAGES ON TELETEXT SEE ITV p530 Property Mortgages Savings CityP543 Teletext 543 Dec42 03:11:11 Advert MONEY >>> 3/7 PHONE GET UP NEED TO 35% MORE! CASH? DON'T SURRENDER ORSELLYOUR ENDOWMENTPOLICY WITHOUTTALKINGTOAAP Regulated by the Personal Investment Authority Property Mortgages Savings CityP543 Teletext 543 Dec22 03:13:17 ————————————————————————————————— ANNUITY WORRIES Harry Katy of independent consultant Norwest says: "Thanks in part to the media, the annuity fuss has been blown up out of all proportion. "When people got high-pazjng annuities, they also had high inflation. People investing in the stock market in the last 10 years have done brilliantly. "You can't have your cake and eat it. Comparison shows that today's annuity rates are bjttet than in the past." ——————————————————————————————————4/7—— A query for our advice clinic? > Xmas Cheer - Love in the New Year? See ITV p.390 Property Mortgages Savings CityP543 Teletext 543 Dec22 03:11:37 ————————————————————————————————— ANNUITY WORRIES Financial advisor Harry Katy says people about to buy annuities must not worry: "From l980-1990, the stock market growth rate was mediocre compared with the last 10 years. "There have been fat pots with which to buy annuities even if of lower yield. The result is a more than positive annuity return in real terms." However, some still maintain there is a problem with somjonj aged 55-65. ——————————————————————————————————5/7—— A query for our advice clinic? > TELETEXT NATIONAL AND REGIONAL NEWS PAGES ALL AVAILABLE ON OUR WEB SITE Property Mortgages Savings CityP543 Teletext 543 Dec22 02:11:07 ————————————————————————————————— ANNUITY WORRIES The man or woman around retirement age may have 20 years and more living on an annuity and it should sustain sufficiently, even with low inflation. But you have only one chance to get it right. Don't put off buying it as you can njvjr get back a year's income, says specialist indjpjndjnt broker The Annuity Bureau. To get annuity quotes, ring the Bureau on 0171 v20 4090. ——————————————————————————————————6/7—— A query for our advice clinic? > INSHORE FORECAST IS NOW ON p158P543 Teletext 543 Dec22 02:17:22 ————————————————————————————————— NEED ADVICE? WRITE TO ADVICE CLINIC Teletext's Advice Clinic aims to bring you straight answers to the difficult problems of modjtn finance. Queries marked Advice Clinic can bj: faxed 0171 386 3242 e-mailed finance@teletext.co.uk posted PO Box 297, London, SW6 1XT Answers are updated three times a week. Wj cannot answer all queries and will not enter into personal correspondence. Information given is for guidance only. ——————————————————————————————————7/7—— Got a question for our advice clinic? NOW IT'S EVEN EASIER TO FIND LOVE: TELETEXT DATING ITV p390 Property Mortgages Savings City